PLAYSTUDIOS' Q4 2024 revenue declined 12.1% year-over-year to $67.8 million, while the company posted a net loss of $22.4 million. Adjusted EBITDA fell to $12.5 million. Average DAU declined 19% to 2.7 million, but ARPDAU increased 8% to $0.27. The company is focused on cost efficiencies and new business initiatives, including sweepstakes and a new Tetris title.
PLAYSTUDIOS reported Q3 2024 results with revenue above consensus expectations at $71.2 million. The company experienced a net loss of $3.1 million, but AEBITDA margins increased to 20.5%. Strategic initiatives and a newly instituted reinvention program aim to improve profitability and long-term growth.
PLAYSTUDIOS reported a decrease in revenue to $72.6 million compared to $77.8 million in the same quarter last year, and a net loss of $2.6 million, which is a larger loss than the $0.8 million reported in Q2 2023. The company's Consolidated AEBITDA also decreased to $14.1 million from $16.3 million year-over-year. Despite these challenges, the company completed several strategic initiatives and remains focused on building a strong business.
PLAYSTUDIOS reported first-quarter revenue of $77.8 million and a net loss of $0.6 million. Consolidated AEBITDA was $15.3 million. The company is maintaining its full-year 2024 revenue guidance of $315 to $325 million and Consolidated AEBITDA guidance of $65 to $70 million.
PLAYSTUDIOS reported Q4 2023 revenue of $77.1 million and a net loss of $19.9 million. Consolidated AEBITDA was $14.7 million, with margins up 390bps year-over-year. The company introduced FY2024 financial guidance and highlighted strategic initiatives aimed at future growth.
PLAYSTUDIOS reported a revenue of $75.9 million and a net income of $3.8 million for the third quarter of 2023. AEBITDA was $13.5 million with margins up 430bps from the previous year.
PLAYSTUDIOS reported a solid second quarter in 2023, with revenue and AEBITDA exceeding expectations. Revenue reached $77.8 million, and the company saw significant growth in AEBITDA margins, driven by portfolio momentum, execution focus, and cost discipline.
PLAYSTUDIOS reported a first quarter revenue of $80.1 million and a net loss of $2.6 million. AEBITDA was $17.8 million with margins up 930bps from the previous year. The company raised its revenue and AEBITDA guidance for the year.
PLAYSTUDIOS finished the year with solid momentum, exceeding guidance and consensus expectations. Revenue and AEBITDA exceeded year ago and third quarter results. AEBITDA margins were 170bps ahead of third quarter results. The company is introducing 2023 guidance that represents revenue and AEBITDA growth from 2022 levels and a marked increase in overall profitability.
PLAYSTUDIOS announced strong third-quarter results with both annual and quarterly momentum. Revenue was $72.1 million, and net income was $3.6 million. The company completed the acquisition of Brainium and updated its full-year 2022 revenue guidance to $275.0 million to $285.0 million.
PLAYSTUDIOS, Inc. reported second quarter revenue of $68.4 million and net income of $5.5 million. playAWARDS Purchases were up 26% YoY with Retail Value of Purchases up 37% YoY.
PLAYSTUDIOS reported a revenue of $70.5 million for the first quarter of 2022, a decrease compared to $74.1 million in the same period last year. The company experienced a net loss of $25.2 million, contrasting with a net income of $5.9 million in the first quarter of 2021. AEBITDA was $9.1 million, down from $14.5 million year-over-year.
PLAYSTUDIOS reported third-quarter revenue of $70.6 million, a slight increase from $69.7 million in the same quarter of the previous year. Net income increased to $11.2 million compared to $5.1 million year-over-year. AEBITDA was $9.6 million, down from $13.3 million in the prior year.